1 rich Libsyn https://www.libsyn.com 90 600 Matt McElhare, Vice President &amp;amp; Segment Lead, Extended Stay at Choice Hotels International, says extended stay leads new hotel development right now, while conversions let owners move faster than new builds. I talked with Matt in Las Vegas about what Choice has in the pipeline, why conversions matter right now, and why he thinks extended stay still has a long runway. 🏗️ 2026 milestones: Choice expects the 600th extended stay to debut, the 300th&amp;nbsp;WoodSpring Suites, and the 30th Everhome Suites 🏨 Choice share: Matt says Choice flags 50% of extended stay hotels under construction (WoodSpring + Everhome) ⏱️ Conversion window: roughly 3–6 months (sometimes faster) vs 18–24 months for new construction 🔄 Suburban Studios conversion strategy: convert 100+ key transient boxes into extended stay ✅ Progress marker: Choice crossed 20 Suburban Studios transformations, with 30 more in the pipeline 📍 Everhome pipeline includes Las Vegas-area sites: Henderson and north of Vegas near the base Want the weekly roundup of news, videos, and what you might’ve missed from&amp;nbsp;#NoVacancyNews? Text HOTEL to 66866. No Vacancy Live and No Vacancy News http://novacancy.libsyn.com/podcast <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/41209800/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/41209800